Tag Archive: company law

The Labour Relations Act has been amended as of 1 January 2015. It is a well-known and widespread practice for employers to structure contracts of employment in such a way that the permanence of the contract is avoided. For example…Read more

There may be many different reasons why one varies or cancels a contract. As is normal in business practice, contracts are very often amended, varied and/or cancelled. However must must always be wary of the obligations which have been prescribed…Read more

Special Power of attorney: enable an agent/authorised person to attend to a specific act only. General Power of attorney: enables an agent/authorised person to attend to a variety of different acts. Generally it is comprised of various clauses enabling a variety…Read more

The New Companies Act, which is referred to in this article as “the Act”, now makes provision for a single constitutive document for companies. Under the old act there were two constitutive documents namely the Memorandum of Association and the…Read more

The Companies Act states that the shareholders of a company may enter into any agreement with one another concerning any matter relating to the company. A shareholders agreement (SHA) has to be consistent with the Companies Act and with the…Read more

When a Close Corporation (“CC”) is deregistered and then some time later is restored, it is deemed as if it was never deregistered and any acts performed between deregistration and restoration are retroactively valid. This was held in the 2013…Read more